NEWS

Nvidia’s co-founder and CEO Jensen Huang lauded China’s progress in open source artificial intelligence and pledged to work with Chinese companies, as the chip designer driving the growth of AI resumes shipping its sought-after chips to the country. Large language models (LLM) developed by Chinese companies, including DeepSeek, Alibaba Group Holding, Tencent Holdings, MiniMax and […]

The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week, according to local media reports, amid a reorganisation in line with relocating its headquarters to Singapore. Logging in returns this message: “Manus is not available in your region.” That marked a change from the earlier

The 35-year-old Wang shared his assessment of the industry at a government-hosted press conference in Beijing, where he forecast China’s robotics sector would expand at a rapid pace this year. He added that Unitree – one of the six “Little Dragons” from tech hub Hangzhou, capital of eastern Zhejiang province – had significantly increased deliveries

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the mainland’s on-demand delivery services market. Under Alibaba’s instant commerce brand Taobao Shangou, “Super Saturdays” would offer consumers up to 188 yuan

Sam Altman, founder and CEO of ChatGPT owner OpenAI, said the release of its open-source artificial intelligence (AI) model would be delayed indefinitely, highlighting the challenges that the start-up faces in keeping pace with the open-source movement spearheaded by Chinese firms like DeepSeek. While OpenAI’s closed-source AI models remain months ahead in their capabilities, Altman

Nvidia will resume selling its H20 chips in China and release a new graphics processing unit (GPU) for the country in compliance with US export restrictions, according to a statement amid the visit by its CEO Jensen Huang to Beijing. Nvidia has applied to sell the H20 GPU again, and the US government has “assured

China’s fast-developing humanoid robot market segment is seeing demand from enterprises gather speed, as prominent start-ups AgiBot and Unitree Robotics have landed orders totalling 124 million yuan (US$17.3 million) from state-owned China Mobile, the world’s largest telecommunications firm by number of subscribers. That order from China Mobile’s subsidiary in Hangzhou, capital of eastern Zhejiang province,

Driverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital infrastructure and consumer willingness to embrace new technologies, according to HSBC. The projection represented 6.2 per cent of the total taxi and ride-hailing businesses in China, which had a market size of 465 billion yuan

Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an all-out battle against rivals Meituan and JD.com in China’s quick-delivery market – with freebies and eye-popping discounts as the ammunition. Alibaba’s new instant commerce brand Taobao Shangou said its daily active

Shanghai’s West Bund, an 11km-long waterfront area in mainland China’s financial capital, has bucked the property downtrend plaguing the sector, as companies and retail brands flock to office buildings and malls in the zone. The vibrant area, located on the west bank of the Huangpu River in the southwestern Xuhui district, is emerging as the